Using real estate for tax purposes only

[Travis Smith]

Age 56 and retiring from farming and I’ve been very good at avoiding income taxes with depreciation and business expenses.  But I will have over a million in pure gross income coming in 25.  Plus I may also sell some of my least favorite fields that I would want to 1031 into investment properties.  This could be as much as $5 million if I decide to.

I DO NOT want anything to do with managing rental properties.  

Is it worth getting into real estate investments that’s professional managed primarily to avoid taxes?  I don’t want much if any involvement because I’ll be doing other things.  

Thank you for your thoughts.